The whole crypto space was under a catastrophic drop after the Terra (LUNA) token bottomed 99% in just two days where the Blockchain’s stablecoin UST depegged leading to the crypto crash. LUNA was created by
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After last week’s drastic crypto downfall, on Sunday, May 15th, Ethereum founder, Vitalik Buterin stated that if Terra plans to repay its holders, it should be dedicated to the holders who are at the most
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LUNA token has lost 100% of its value in the last seven days As the effect of the loss of the Terra USD (UST) peg to the dollar continues to be felt, the circulating quantity
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From the last few weeks, and just three days ago, Terra Luna’s supply was just 340,000 according to Terra analytics. And the UST lost its peg from the dollar on Monday, and that is when
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Bitcoin critic Peter Schiff explains why LUNA confuses the concept of buying the dip for crypto overall Euro Pacific Capital CEO and gold investor Peter Schiff took to Twitter to comment on LUNA’s recent crash
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As the native token of Terraform labs Terra(LUNA) dropped by 100%, losing 100% of its value, many exchanges came forward to halt the trade. In a recent update, the largest cryptocurrency exchange Binance announced the
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Terraform labs now appears to be in a soup and literally failed to manage the trembled situation. And hence Anchor Protocol steps in proposing the interest rate cut to stabalize the LUNA & UST prices.
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Terraform Labs in recent days has drained the entire BTC reserve and dragged the entire crypto space into a deep bearish pit. Bitcoin price has bottomed out, hitting the support levels it broke hard in
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During the last few days, the crypto economy has been tumultuous as billions have fled the market in search of safety. The issues with LUNA sparked a significant sell-off as Terra’s native digital asset dropped
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Prominent BTC Critic Schiff Explains Why the UST Collapse Revealed a Major Flaw in Bitcoin and Crypto in General The CEO of Euro Pacific Capital, gold bug Peter Schiff, has taken to Twitter to comment
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